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Should Economists Champion Fed “Independence”?

Posted on April 25, 2025April 25, 2025 by anonymous Hipster

Dr. Joe Salerno joins Bob to review the recent tensions between Donald Trump and Fed Chairman Jerome Powell. As Trump questions Powell’s leadership and Fed policy, they explore the deeper issues: Should central banks really be “independent”? Does the Fed’s shield from political oversight protect sound economics—or merely insulate elites from accountability? Murphy and Salerno tackle myths about interest rates, inflation, debt monetization, and the Fed’s true relationship with government spending.

Trump’s Truth Social Post on Inflation: https://Mises.org/HAP497a
Can Trump Fire Federal Reserve Chair Jerome Powell?: https://Mises.org/HAP497b

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://Mises.org/HAPodFree

Join us May 15–17, 2025, at the Mises Institute for our Revisionist History of War Conference: https://Mises.org/RHW

Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org​​.

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